SATS Investors Have Opportunity to Join EchoStar Corporation Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)-- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of EchoStar Corporation ('EchoStar' or 'the Company') (NASDAQ: SATS) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. EchoStar is the subject of a Wall Street Journal article published on May 12, 2025, reporting that the FCC notified EchoStar that the agency would be investigating the Company's compliance with federal requirements to build a nationwide 5G network. The Company's shared dropped 16.6% on this news. The Company then disclosed on May 30, 2025, that it 'elected not to make an approximately $326 million cash interest payment' to 'allow time for the FCC to provide the relief requested in [the Company's] Response' to the agency's compliance investigation. Based on this news, shares of EchoStar fell by 13.1% in intraday trading on the same day.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Walker Lane Resources Announces Terms for Private Placement Units to Raise C$1,320,000
VANCOUVER, British Columbia, June 10, 2025 (GLOBE NEWSWIRE) -- Walker Lane Resources Ltd. (TSX-V: WLR) (Frankfurt:ZM5P) ('WLR' or the 'Company') is pleased to announce the terms to its best efforts non-brokered private placement. The proposed terms are to issue 4,000,000 non-flow through units at a price of C$0.12 per unit (the NFT Units') and 6,000,000 flow-through units at a price of $0.14 per unit (the 'FT Units') of the Company for aggregate gross proceeds of up to C$1,320,000 (collectively, the 'Offering'). There may be agents who will be acting as finder on behalf of the Company in relation to the Offering. Each Unit will consist of one common share of the Company (each, a 'Unit Share') and one full Warrant. Each whole Warrant will entitle the holder thereof to acquire one non-flow-through common share of the Company (each, a 'Warrant Share') at a price of C$0.16 per Warrant Share for a period of 24 months from the closing date of the Offering. The proposed closing date of the Offering is on or before The net proceeds from the sale of Units will be used to; fund property expenses and exploration at the WLR's properties in Yukon, British Columbia and Nevada which may include drilling activities on its Amy Project in British Columbia, pending receipt of an exploration permit, or other properties; and general working capital, The Company may pay finders' fees comprised of cash and non-transferable warrants (the 'Finder's Warrants') in connection with the Offering, subject to compliance with the policies of the TSX Venture Exchange. The terms of the Finder's Warrants will be the same as the Warrants distributed in the Units. All securities issued and sold under the Offering will be subject to a hold period expiring four months and one day from their date of issuance. Closing is subject to customary closing conditions including, but not limited to, the negotiation and execution of subscription agreements and receipt of applicable regulatory approvals, including approval of the TSX Venture Exchange. The securities being offered will not be registered under the U.S. Securities Act of 1933, as amended (the 'U.S. Securities Act'), or any applicable state securities laws, and may not be offered or sold to, or for the account or benefit of, persons in the United States or 'U.S. persons,' as such term is defined in Regulation S promulgated under the U.S. Securities Act, absent registration or an exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be Person Kevin Brewer, a registered professional geoscientist, is the Company's President and CEO, and Qualified Person (as defined by National Instrument 43-101). He has given his approval of the technical information pertaining reported herein. The Company is committed to meeting the highest standards of integrity, transparency and consistency in reporting technical content, including geological reporting, geophysical investigations, environmental and baseline studies, engineering studies, metallurgical testing, assaying and all other technical Lane Resources Ltd. is a growth-stage exploration company focused on the exploration of high-grade gold, silver and polymetallic deposits in the Walker Lane Gold Trend District in Nevada (i.e., Tule Canyon, Cambridge and Silver Mountain) and the Rancheria Silver District in Yukon/B.C. (Amy and Silver Hart/Blue Heaven) and Logjam ( Yukon). The Company intends to initiate an aggressive exploration program to advance the Amy (Rancheria Silver, B.C.) projects through an aggressive drilling program to resource definition stage in the near future. An exploration permit application is currently being reviewed for the Amy Project. On behalf of the Board: Kevin Brewer, President, CEO and DirectorWalker Lane Resources Ltd. For Further Information and Investor Inquiries: Kevin Brewer, P. Geo., MBA, (Hons), Dip. Mine CEO and Director Tel: (709) 327 8013 kbrewer80@ Suite 1600-409 Granville St., Vancouver, BC, V6C 1T2 Cautionary and Forward Looking Statements This press release and related figures, contain certain forward-looking information and forward-looking statements as defined in applicable securities laws (collectively referred to as forward-looking statements). These statements relate to future events or our future performance. All statements other than statements of historical fact are forward-looking statements. The use of any of the words 'anticipate', 'plans', 'continue', 'estimate', 'expect', 'may', 'will', 'project', 'predict', 'potential', 'should', 'believe' 'targeted', 'can', 'anticipates', 'intends', 'likely', 'should', 'could' or grammatical variations thereof and similar expressions is intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. These statements speak only as of the date of this presentation. These forward-looking statements include, but are not limited to, statements concerning: our strategy and priorities including certain statements included in this presentation are forward-looking statements within the meaning of Canadian securities laws, including statements regarding the Tule Canyon, Cambridge, Silver Mountain, and Shamrock Properties in Nevada (USA), and its properties including Silverknife and Amy properties in British Columbia, the Silver Hart, Blue Heaven and Logjam properties in Yukon and the Bridal Veil property in Newfoundland and Labrador all of which now comprise the mineral property assets of WLR. WLR has assumed other assets of CMC Metals Ltd. including common share holdings of North Bay Resources Inc. and all conditions and agreements pertaining to the sale of the Bishop mill gold processing facility and remain subject to the condition of the option of the Silverknife property with Coeur Mining Inc. These forward-looking statements reflect the Company's current beliefs and are based on information currently available to the Company and assumptions the Company believes are reasonable. The Company has made various assumptions, including, among others, that: the historical information related to the Company's properties is reliable; the Company's operations are not disrupted or delayed by unusual geological or technical problems; the Company has the ability to explore the Company's properties; the Company will be able to raise any necessary additional capital on reasonable terms to execute its business plan; the Company's current corporate activities will proceed as expected; general business and economic conditions will not change in a material adverse manner; and budgeted costs and expenditures are and will continue to be accurate. Actual results and developments may differ materially from results and developments discussed in the forward-looking statements as they are subject to a number of significant risks and uncertainties, including: public health threats; fluctuations in metals prices, price of consumed commodities and currency markets; future profitability of mining operations; access to personnel; results of exploration and development activities, accuracy of technical information; risks related to ownership of properties; risks related to mining operations; risks related to mineral resource figures being estimates based on interpretations and assumptions which may result in less mineral production under actual conditions than is currently anticipated; the interpretation of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; changes in operating expenses; changes in general market and industry conditions; changes in legal or regulatory requirements; other risk factors set out in this presentation; and other risk factors set out in the Company's public disclosure documents. Although the Company has attempted to identify significant risks and uncertainties that could cause actual results to differ materially, there may be other risks that cause results not to be as anticipated, estimated or intended. Certain of these risks and uncertainties are beyond the Company's control. Consequently, all of the forward-looking statements are qualified by these cautionary statements, and there can be no assurances that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences or benefits to, or effect on, the Company. The information contained in this presentation is derived from management of the Company and otherwise from publicly available information and does not purport to contain all of the information that an investor may desire to have in evaluating the Company. The information has not been independently verified, may prove to be imprecise, and is subject to material updating, revision and further amendment. While management is not aware of any misstatements regarding any industry data presented herein, no representation or warranty, express or implied, is made or given by or on behalf of the Company as to the accuracy, completeness or fairness of the information or opinions contained in this presentation and no responsibility or liability is accepted by any person for such information or opinions. The forward-looking statements and information in this presentation speak only as of the date of this presentation and the Company assumes no obligation to update or revise such information to reflect new events or circumstances, except as may be required by applicable law. Although the Company believes that the expectations reflected in the forward-looking statements and information are reasonable, there can be no assurance that such expectations will prove to be correct. Because of the risks, uncertainties and assumptions contained herein, prospective investors should not read forward-looking information as guarantees of future performance or results and should not place undue reliance on forward-looking information. Nothing in this presentation is, or should be relied upon as, a promise or representation as to the future. To the extent any forward-looking statement in this presentation constitutes 'future-oriented financial information' or 'financial outlooks' within the meaning of applicable Canadian securities laws, such information is being provided to demonstrate the anticipated market penetration and the reader is cautioned that this information may not be appropriate for any other purpose and the reader should not place undue reliance on such future-oriented financial information and financial outlooks. Future-oriented financial information and financial outlooks, as with forward-looking statements generally, are, without limitation, based on the assumptions and subject to the risks set out above. The Company's actual financial position and results of operations may differ materially from management's current expectations and, as a result, the Company's revenue and expenses. The Company's financial projections were not prepared with a view toward compliance with published guidelines of International Financial Reporting Standards and have not been examined, reviewed or compiled by the Company's accountants or auditors. The Company's financial projections represent management's estimates as of the dates indicated in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
- Yahoo
AMD EPYC Processors Now Power Nokia Cloud Infrastructure for Next-Gen Telecom Networks
— Nokia Cloud Platform will use 5th Gen AMD EPYC CPUs for leadership performance and energy efficiency across virtualization deployments — SANTA CLARA, Calif., June 10, 2025 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced that Nokia has included 5th Gen AMD EPYC™ processors to power the Nokia Cloud Platform, bringing the leadership performance and performance per watt to next-generation telecom infrastructure. 'Telecom operators are looking for infrastructure solutions that combine performance, scalability, and power efficiency to manage the growing complexity and scale of 5G networks,' said Dan McNamara, senior vice president and general manager, Server Business, AMD. 'Working together with Nokia, we're using the leadership performance and energy efficiency of the 5th Gen AMD EPYC processors to help our customers build and operate high-performance, and efficient networks.' 'This expanded collaboration between Nokia and AMD brings a multitude of benefits and underscores Nokia's commitment to innovation through diverse chip partnerships in 5G network infrastructure. The new 5th Gen AMD EPYC processors offer high performance and impressive energy efficiency, enabling Nokia to meet the demanding needs of its 5G customers while contributing to the industry's sustainability goals,' said Kal De, senior vice president, Product and Engineering, Cloud and Network Services, Nokia. The processors will be deployed within Nokia Cloud Platform, a key component that supports containerized workloads foundational to 5G Core, edge, and enterprise applications. By integrating the AMD EPYC 9005 Series processors into Nokia Cloud Platform, Nokia will deliver impressive performance per watt—a critical factor in delivering both computing power and energy efficiency for modern telecom networks that must meet growing data demands while minimizing environmental impact. Supporting Resources Learn more about AMD EPYC Processors Learn more about Nokia Cloud Platform Follow AMD on LinkedIn Follow AMD on X About AMDFor more than 50 years AMD has driven innovation in high-performance computing, graphics and visualization technologies. Billions of people, leading Fortune 500 businesses and cutting-edge scientific research institutions around the world rely on AMD technology daily to improve how they live, work and play. AMD employees are focused on building leadership high-performance and adaptive products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website, blog, LinkedIn and X pages. AMD, the AMD Arrow logo, EPYC and combinations thereof, are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and may be trademarks of their respective owners. CONTACT: Contact: Aaron Grabein AMD Communications (737) 256-9518 Liz Stine AMD Investor Relations (720) 652-3965 in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
- Yahoo
Ericsson and Supermicro Advance Enterprise Connectivity for Edge AI Systems
Ericsson and Supermicro explore cooperation on innovative 5G bundle for rapid time-to-deployment for multiple AI edge applications SAN JOSE, Calif. and PARIS, June 10, 2025 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and Supermicro (NASDAQ: SMCI) -- today announced an intent to engage in a strategic collaboration to accelerate Edge AI deployment. The parties have signed a Memorandum of Understanding to explore the combination of Ericsson Enterprise Wireless Solutions' industry-leading 5G connectivity with Supermicro's industry-leading Edge AI platforms into commercial bundles that will: Deliver advanced Edge AI capabilities that leverage 5G network connectivity as a key value-add attribute Simplify procurement and deployment with a unified solution with pre-validated AI compute and 5G connectivity. As AI becomes integrated into a wide range of business functions, many of those AI applications require low-latency response times. This development is leading to a demand for Edge AI solutions that deploy pre-trained AI models, generative AI, and agentic AI to the network edge, outside the data center, for local processing. The combination of Supermicro and Ericsson technology is intended to enable businesses in retail, factories, health care, and others to rapidly deploy Edge AI infrastructure together with wireless connectivity. Supermicro continues to expand its extensive portfolio of infrastructure products supporting Edge AI applications with product choices ranging from small fanless devices to shoe-box sized systems to 1U rackmount systems. These new stand-alone wireless systems can be deployed in diverse environments yet deliver industry-standard data throughput comparable to wired systems. "Supermicro delivers cutting-edge solutions that allow enterprises to harness the power of AI at the edge," said Mory Lin, Vice President, IoT/Embedded & Edge Computing, Supermicro. "Our compute platforms combined with Ericsson's 5G technology will allow enterprises and public sector organizations to extend the reach of their AI applications where wired technologies are not a viable option, such as smart intersections, industrial manufacturing, and remote infrastructure." Ericsson's wireless WAN portfolio of indoor and outdoor low-and-mid band wireless adapters and their 5G, SD-WAN, and security appliances are critical components for an enterprise when traditional wired connectivity may be inconvenient or even unavailable for some of these edge deployments. In these situations, 5G can serve as the primary WAN connection or even as a backup WAN connection for business-critical deployments. With Ericsson's solution, enterprises will also be able to take advantage of 5G functionality including network slicing, cellular intelligence, and zero trust security. Jonathan Fischer, Vice President, Global OEM & Embedded Partners at Ericsson says, "Ericsson has been transforming the WAN edge for almost a decade, allowing enterprises to connect anything, anywhere with speed and agility. We are excited to collaborate with Supermicro to extend this same speed and agility to the emerging Edge AI space. Together, we have an opportunity to make it easier for enterprises to operate edge intelligence." Specific industry applications include: Retail: Accelerate checkout processing through real-time image recognition of items, enhance inventory tracking, and detect and alert against theft. Smart Factory and Industrial Automation: Monitor and control industrial machinery by locally processing sensor and camera data. Traffic Safety: Enhance traffic safety by data analysis directly from camera and sensor sources for adaptive real-time traffic management. Healthcare Management: Support healthcare operations such as just-in-time inventory management to reduce waste and ensure critical medical supplies are available. Enterprise customers and system integrators can learn more by visiting the Supermicro booth # P10, Pavillion 7 at NVIDIA GTC Paris, June 11-12, 2025. Or by visiting for further solution and product details. About Super Micro Computer, Inc. Supermicro (NASDAQ: SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed to delivering first to market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure. We are a Total IT Solutions manufacturer with server, AI, storage, IoT, switch systems, software, and support services. Supermicro's motherboard, power, and chassis design expertise further enables our development and production, enabling next generation innovation from cloud to edge for our global customers. Our products are designed and manufactured in-house (in the US, Taiwan, and the Netherlands), leveraging global operations for scale and efficiency and optimized to improve TCO and reduce environmental impact (Green Computing). The award-winning portfolio of Server Building Block Solutions® allows customers to optimize for their exact workload and application by selecting from a broad family of systems built from our flexible and reusable building blocks that support a comprehensive set of form factors, processors, memory, GPUs, storage, networking, power, and cooling solutions (air-conditioned, free air cooling or liquid cooling). Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc. All other brands, names, and trademarks are the property of their respective owners. ABOUT ERICSSON: Ericsson's high-performing networks provide connectivity for billions of people every day. For nearly 150 years, we've been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. View original content to download multimedia: SOURCE Super Micro Computer, Inc. Sign in to access your portfolio
